Supreme Court dismisses SSPL’s appeal, upholds High Court’s decision setting aside arbitral award. The Supreme Court reinforces the statutory provisions of the Interest on Delayed Payments Act, 1993, emphasizing the applicability of the 120-day limit for payments and the role of the amended proviso in contractual obligations.
5 Mar 2024Leave Granted:The Court granted leave to appeal in this case involving Snehadeep Structures Pvt. Ltd. (SSPL) and Maharashtra Small Scale Indus...





